The retail landscape is rapidly evolving. New technology, new sales channels, consumers with different demands, changing shopping habits and cautious confidence levels present challenges and opportunities. Retailers ready to innovate and adapt to new ways of attracting customers will do well but keeping pace needs specialist support. BDO is experienced in serving the retail industry and helping clients respond to change and identify opportunities for growth.
Retail business provides many exciting opportunities with great scope for innovation. It also requires efficient systems and structure around financial reporting, tax and corporate modelling. At BDO, we provide practical financial advice on everything from tax planning and mergers, to auditing and risk advisory. We also offer services that go beyond traditional accounting, including access to data that will show you exactly what’s going on in your business – and the wider industry.
We work alongside a broad range of well-known Australian and international retail clients, from successful family owned and managed businesses to larger private businesses, franchises, ASX-listed companies and international corporations. Our clients are in all growth phases and from diverse sectors, including fashion, technology and fast moving consumer goods.
Talk to us about how we can help you. Our team can assist with:
Our connections and experience see us working closely with retailers, banks, private equity houses, brokers, lawyers and property professionals who specialise in the retail sector. We can help combine these resources to help your business succeed.
The franchising industry faces a unique set of challenges, including economic volatility, heightened international competition, and legislative challenges. In today’s crowded and competitive environment, success depends on swift management decisions, solid relationships between franchisees and franchisors, and the anticipation of future trends. Our franchising professionals work with emerging franchisors, multi-unit franchisees, private equity firms, and publicly traded entities. We provide services across a wide range of areas for franchisors and franchisees: